Cargotec has appointed Markku Oja (50) as Vice President, Real Estate Management. He will be responsible for corporate real estate strategy and implementation. The appointment will be effective as of 1 July 2014.

Markku Oja, M.Sc. (Tech.), comes with 20 years of experience in corporate real estate, most recently as General Manager, Real Estate Middle East & Asia at Wärtsilä. Prior to Wärtsilä he has held various regional real estate leadership positions at Nokia and Nokia Siemens Networks in Finland, China, the United States and India.

Markku Oja will report to Cargotec's Executive Vice President and CFO Eeva Sipilä. He will be based in Helsinki, Finland.

Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales totalled approximately EUR 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com